Short-Term Employee Benefits Are Defined in AASB 119 As

question 56

Multiple Choice

Short-term employee benefits are defined in AASB 119 as:

• A) Benefits that are paid to employees while they are employed by the company making the payment.
• B) All payments made to an employee within 12 months of the date the employee rendered the service.
• C) The undiscounted value of wages, salaries and social security contributions to which the employer is presently obliged.
• D) Benefits that are paid to employees while they are employed by the company making the payment and the undiscounted value of wages, salaries and social security contributions to which the employer is presently obliged.
• E) Employee benefits that are wholly due within 12 months after the end of the period in which the employee rendered the related service.

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Definitions:

Performance Standards

Established expectations or benchmarks used to measure and evaluate the quality of work, performance, or outcomes.

Self-Efficacy Standards

Beliefs an individual holds regarding their own ability to successfully perform and achieve tasks.

Conditions of Worth

Standards imposed by others that one feels they must meet to be valued and loved, a concept in Carl Rogers' person-centered therapy.

Descriptive

Pertaining to the detailing or explanation of characteristics.